Archive for October 12th, 2009

Stimulus Aided Teachers, Laborers: Report

WASHINGTON — Public school teachers are expected to be the big winners when states around the U.S. reveal for the first time how many jobs were created or saved during the first months of President Barack Obama’s $787 billion stimulus plan. State officials worked into the weekend as part of the most ambitious effort ever to calculate, in real time, the effect of a government spending program.

NYT: Citigroup Hires Former S&L Crisis Lobbyist

The New York Times takes a look at Citigroup’s hiring of Richard F. Hohlt — a former lobbyist with a controversial past who will now advise the volatile bank on policy issues. The Times reports that the decision has taken many industry insiders by surprise.

Jen Grisanti: Authentic Persuasion – The Art of Woo

What is the best way to sell your ideas? Why do some people seem to be able to sell their ideas so easily and get further up the ladder, while others are left at the bottom?

Pay Czar: AIG Executive Pay Crackdown Coming

The Obama administration’s pay tsar has indicated he will take a tough stance on executive pay at AIG, the state-controlled insurance group that sparked outrage over its bonus payments earlier this year.

Why Great Traders Average Up, Not Down

Why Great Traders Average Up, Not Down by Alexander Green , Chief Investment Strategist Monday, October 12, 2009: Issue #1113 If you walked into a department store and saw a fabulous cashmere sweater marked down from $375 to $199, you might be tempted to buy it. And if you saw it priced at $99, you might feel you were getting an irresistible bargain. Perhaps you are.

US weather report strengthens oil prices

Crude oil prices were higher Monday on a weaker US dollar, as colder weather moved in to much of the United States, and on optimism ahead of major corporate earnings reports due this week. In afternoon trade, November contracts for West Texas Intermediate crude had added $1.53 to $73.30 per barrel, while at last report Brent

Homeowners Facing Foreclosure Can’t Find Lawyers

WASHINGTON — The nation’s foreclosure crisis has swamped lawyers for the poor, leaving thousands of low-income homeowners across the country without legal assistance that could save their homes. Legal offices providing help to the poor are turning away many who have been hit hard by the economy, according to lawyers in cities across the country who were interviewed by USA TODAY.

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